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the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an …
Persistent link: https://www.econbiz.de/10010366528
Persistent link: https://www.econbiz.de/10003402730
We study whether there are improvements in worker-firm matching when employers and applicants can credibly signal their … analyze a matching process in which firms fill some of their inter- view slots by invitation and the remainder are filled by … an auction. Consistent with the predictions of a signaling model, we find the auction is valuable for less desirable …
Persistent link: https://www.econbiz.de/10012603205
seller. In this setting, the reputation of the seller, together with any other information signals on the quality of the …. This paper examines the effects of the seller's reputation and information signals in online auctions, using U.S. silver …
Persistent link: https://www.econbiz.de/10014029771
I provide a brief introduction to the early literatures on Matching, Auctions, and Market Design.The design of matching …
Persistent link: https://www.econbiz.de/10013082184
We formalize an econometric model for two-sided matching mechanisms in a school choice context, where exogenous … variation is generated by using lotteries as a tie-breaking mechanism. Our model accommodates a wide range of matching …
Persistent link: https://www.econbiz.de/10012845189
We develop a model of college assignment as a large contest wherein students with heterogeneous abilities compete for seats at vertically differentiated colleges through the acquisition of productive human capital. We use a continuum model to approximate the outcomes of a game with large, but...
Persistent link: https://www.econbiz.de/10012977685
In many auctions, a good match between seller and bidder raises the value of the contract for both parties. Information … addition, we show that the performance of both auctions declines when information about the quality of the matches shifts from …
Persistent link: https://www.econbiz.de/10013139397
In many auctions, matching between the bidder and seller raises the value of the contract for both parties. However …, information about the quality of the match may be incomplete. We consider the case in which each bidder observes the quality of …'s value for the information may be negative: the seller's knowledge of the matches generates an asymmetry across bidders which …
Persistent link: https://www.econbiz.de/10013139399
This paper shows that the stylized fact of average mutual fund underperformance documented in the literature stems from expansion periods when funds have statistically significant negative risk-adjusted performance and not recession periods when risk-adjusted fund performance is positive. These...
Persistent link: https://www.econbiz.de/10013121165